AVA - Avista Corporation
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$38.00
DETAILS
HIGH:
$39.00
LOW:
$37.00
MEDIAN:
$38.00
CONSENSUS:
$38.00
UPSIDE:
1.20%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
85% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
16.0x
2.38$
Key Value Driver
Normalized P/E multiple (16x base case)
Implied Market Multiple
15.8x
Plain-Language Summary
Applying a 16x P/E to adjusted EPS of $2.38, the base-case value is $38.08 per share. DDM cross-check: $36.34.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (15 analysts)
$38.00
Analyst Range
$37.00 – $39.00
Divergence from AlphaVal
0%
Warnings
The company pays out 83% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples